Moody’s has reported that the top 25 largest U.S. public pension funds face about $2 trillion in unfunded liabilities. This is what we see as the next great crisis post 2015.75. We are in a very serious economic crisis within the years ahead and we are preparing a very important report on this crisis. We will have this report out by year-end in time for the crisis that begins to materialize with no hope in sight. Believe it or not, we have traced the development of pensions and not merely how they destroyed Rome, but how they began as the marriage contract. Yep – you read it right,
The Pension Crisis – $2 Trillion Hole in Just Top 25 Funds
Posted Sep 27, 2014 by Martin Armstrong |
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